What makes a firm become a natural monopolist, and how does it become a barrier to entry of new firms? Explain.

Discuss the economic factors that lead to the development of monopolies. Examples of monopolies include electric utilities, railroads.

According to your book, how does dead weight loss become worse for monopolies than from Perfect competition?    What would you suggest to make monopolies have a smaller dead weight loss moving forward?    According to your book, what type of Monopolies are actually good for society? Why are they good for society?

From our textbook and in your own words, define what a monopoly is. In your response, address the following: What are some disadvantages and advantages of a monopoly compared to brand competition? Is there a trend toward consolidation in some markets, and if so, what does that mean to you, the consumer? What is better for you, the consumer, monopoly, or brand competition? Please use current research in your response. Here are some ideas that might help you get started. Ninety-two percent of the prescription drugs sold in the United States come from just three wholesalers. Coke owns over 200 brands, including names like Schweppes, Dr. Pepper, Fanta, and Powerade. Nestle owns over 2,000 brands. Hospital consolidation has.